$ETH is holding near $2,452 while showing only a modest 0.41% daily decline. That relative strength catches my attention, but I still want confirmation before calling a reversal.
For me, $2,400 is the first important psychological support, followed by the $2,350 area. Above price, $2,500 is the level that needs to turn from resistance into support. A clean break above $2,500 could open the way toward $2,575 and $2,650.
I wouldn't buy simply because ETH is holding $2.4K. My entry would come only after a breakout and retest confirms that buyers are actually defending the level.
ENTRY: $2,505–$2,525 after confirmation
SL: $2,425
TP1: $2,575
TP2: $2,625
TP3: $2,700
If ETH breaks below $2,400 and stays there, I would abandon the bullish idea and wait for a new structure.
The key here is patience. Confirmation first, position second.
This is my personal market view, not financial advice.
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